Federal financial aid for Doctor of Pharmacy students

Federal financial aid is available for Doctor of Pharmacy students. Federal regulation defines a professional student as a student who is enrolled in a professional degree program AND who has completed the equivalent of 3 academic years of full-time study at an institution of higher education. This equates to having attempted at least 72 credit hours.

When you begin the Doctor of Pharmacy program, if you have less than 72 attempted credit hours, you will be ineligible for federal financial aid. You would be limited to a higher interest alternative loan. Your eligibility for federal financial aid would begin the semester after you meet the 72 credit hour requirement.

If you meet the eligibility requirements to receive federal financial aid, you can receive loans from the Direct Loan program in the amount of $20,500. You may also qualify for the Direct Graduate PLUS Loan and the Health Profession Loan. The Health Profession Loan requires a calculation of a parent contribution, so please include parental data on your Free Application for Federal Student Aid (FAFSA).

For more information, visit our website. Ferris State University - Loan Programs

Nancy Wencl is the Financial Aid staff member assigned to Pharmacy students. You can reach her at wencln@ferris.edu